Noida DCP Ram Badan Singh told ANI, "At around 11 AM, we got information that a fire broke out at a showroom in Logix Mall. Fire tenders and Police reached the site immediately. Fire has been brought under control. No one has been injured in the incident. Smoke inside the mall is being taken out with the help of machines..."
A total of 5,600 shares changed hands on the counter till 02:09PM (IST).
In the last one month, there has been more sectoral rotation than probably one would have seen in the last one year. The reason is, some of the sectors which have been going through structural changes and a number of them are close to a point where either companies should produce results or they would disappoint. Take the case of auto, and a year back they were close to the same inflection point. One year later as they launch their EV’s they are being re-rating. In the case of energy companies,... Читать дальше...
In order to detect probable situations of suspicious accounts or transactions where there may be a risk of impersonation or fraudulent withdrawals, multiple stages of verification for MIDs, UANs, and institutions will be carried out as part of the SOP. Here is a look at EPFO's latest SOP freezing and defreezing UANs of EPF subscribers.
Shriram Life's Deferred Annuity Plan, starting at Rs 60,000 annually for ages 40-75, offers a 5-10 year deferment period before annuity payments commence. Providing a Return of Purchase Price, it ensures financial independence, particularly for entrepreneurs not under social security. Premium is refunded upon terminal illness or death, stated MD and CEO Casparus J H Kromhout.
Pankaj Tibrewal from IKIGAI Asset Manager emphasizes the importance of risk management in the current market scenario due to slowing earnings growth. The firm is eyeing opportunities in sectors like auto ancillaries, pharma, and consumer goods for potential growth. Tibrewal also says that there are still pockets that offer reasonable valuations and probably visibility of earnings growth in FY25 and FY26.
The World AI Conference in Shanghai featured AI products from Tesla, Qualcomm, and Chinese firms. SenseTime debuted SenseNova 5.5 after ChatGPT. Optimism remains despite U.S. sanctions, as Huawei's Cloud Computing advocates innovation. Baidu CEO Robin Li calls for focusing on AI applications over foundational models.
A total of 4,976 shares changed hands on the counter till 01:59PM (IST).
Budget Expectations: As the Union Budget 2024 nears, real estate developers eagerly await tax rationalisation and interest rate cuts for financial viability and growth. The CREDAI and Colliers survey underscores the need for GST input tax concessions and lower interest rates to boost project feasibility. Developers anticipate strong demand in Tier I and II cities, with hopes of sustaining momentum in 2024. Expectations include cost management solutions, price increases, and exploring new residential models. Читать дальше...
A total of 74,055 shares changed hands on the counter till 01:54PM (IST).
Nile is majority-owned by the promoters with 50.43% stake, while public shareholders own the rest of 49.57%. Among the public shareholders, mutual funds and foreign investors have negligible holdings.
The Supreme Court in India has acknowledged the various factors that contribute to criminals committing crimes, stating that they are not born out but made. The court emphasized that human potential is good and that no criminal is beyond redemption. The court also noted that every saint has a past and every sinner a future. The court granted bail to an accused in connection with a counterfeit currency case, challenging the Bombay High Court order that declined to release the accused on bail.
The company said like creating and sharing music playlists, Swiggy's Eatlists feature will enable food enthusiasts to curate and share their favourite dishes directly within the Swiggy app.
Railway Minister Ashwini Vaishnaw apprised on Friday that around 2,500 new general coaches are being manufactured under a special drive, and approval for manufacturing another 10,000 such coaches has been granted. The initiative by the central government, he said, focuses on augmenting railway infrastructure across the country.
The German government, led by Chancellor Olaf Scholz, reached an agreement on Friday regarding the 2025 budget and a stimulus package for the country's economy. This resolution concluded a prolonged dispute within Scholz's center-left coalition involving the Social Democrats, Free Democrats, and Greens. The budget plan, finalized after extensive negotiations, involves repurposing 60 billion euros in unused COVID-19 emergency funds, despite earlier legal challenges against such actions.
The latest iterations of technology enabling drones and other machines to operate autonomously owe their advancements to deep learning, an AI method utilising extensive data for pattern recognition and decision making. Although these systems aren't costly military-grade equivalents from the US, China, and Russia, their affordability, priced at just thousands of pounds or less, and widespread accessibility mark a significant development.
Delhi Minister Gopal Rai criticized the BJP for issuing transfer orders to 5,000 teachers in Delhi government schools, accusing the party of attempting to dismantle the education system built by the Kejriwal government. Rai, also the AAP's Delhi unit convener, condemned the BJP's "Kam Roko Abhiyan" (stop work campaign) aimed at obstructing AAP's governance. He highlighted that the mass transfers of teachers, especially those who have served over 10 years in one school, are disrupting Delhi's renowned education system... Читать дальше...
Bitcoin crashed 8% to $54,129, impacting ETH, Cardano, Shiba Inu due to election uncertainty, Mt Gox flows, and the Fed's stance.
Emcure Pharmaceuticals IPO sees strong demand with oversubscription. Anchor investors include top names. Company engaged in global pharmaceutical products. Revenue growth and plans for debt payment outlined. Book-running lead managers identified.
Promoters held 62.55 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 12.48 per cent and 7.55 per cent, respectively.
Raj Mukesh Ganatra allegedly embezzled Rs 10.6 crore from Trident Creation, inflating bills of 55 clients from 2014 to 2022 for personal expenses, including a lavish wedding and luxury items. Repaying 42 loans and cricket betting were also covered. The EOW chargesheet and company director Kajal Ajmera confirmed document forgery to misappropriate funds.
In a rapidly rising market, evaluating stocks that offer exceptional returns for investors can pose challenges.
In a rapidly rising market, evaluating stocks that offer exceptional returns for investors can pose challenges.
